MISSION STATEMENT

PENTECH IS COMMITTED TO PROVIDING A WIDE RANGE OF VALUE -ADDED FINANCIAL SERVICES TAILORED TO THE SPECIFIC NEEDS OF OUR CLIENTS - TODAY AND TOMORROW.  IT HAS ALWAYS BEEN OUR GOAL TO DEVELOP LONG-TERM, MUTUALLY REWARDING RELATIONSHIPS THAT STAND THE TEST OF TIME.

CORPORATE HISTORY

Pentech's origin dates back to its predecessor company, Pentek Leasing, Inc., which was established in 1978 by the company's current CEO, Benjamin E. Millerbis.  Pentek, which began as a general equipment lessor (small and mid-ticket equipment), became a pioneer in providing leasing and other financial products to young, emerging growth technology companies in Silicon Valley and the Pacific Northwest.  In 1982 Pentek was acquired by Alaska Pacific Bancorporation (APB).  In 1985, following the acquisition of APB by a multi-national financial institution, Mr. Millerbis and the core of Pentek's management team elected to leave APB and incorporate Pentech Financial Services to focus exclusively on the equipment financing needs of the emerging growth marketplace.

In October, 1999 Pentech entered into a partnership with SCP Private Equity Partners and completed a private equity placement. This has allowed the company to continue its aggressive growth and to expand its product line into middle market leasing and asset-based lending.

Another strategic partnership, completed in January 2004 with US Bancorp's Manifest Funding Services, formed the basis for the "Navigator" and "Navigator Plus" programs.  These programs provide a B-C funding alternative for Manifest's In-Tandem and Partnership customers.  Navigator is a small ticket leasing program that is being managed by Pentech Funding Services, a division of Pentech Financial Services, located in San Diego.  The Navigator Plus Program concentrates on middle-market leasing and is being serviced by Pentech employees in Marshall, MN and at Pentech's corporate offices in Campbell, CA

As our Mission Statement indicates, one of our primary goals is to develop long-term relationships with our clients that extend well beyond simply providing equipment financing.  Pentech is now well positioned to achieve that goal.